210 Belmont Avenue, Los Angeles, CA 90026

$1,550,000

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Listing courtesy of Listing Agent: Wonnie Kim (wonniekim@yahoo.com) from Listing Office: Won Suk Kim Real Estate, Inc..

List Price
$1,550,000
Status
ACTIVE
Days on Market
3
MLS#
DW26201459
Subtype
Residential Income
Year Built
1895
Lot Size
5,946
Acres
0.14
MLS Area Major
Silver Lake - Echo Park (C21)

Property Description

Excellent income-producing opportunity in Los Angeles! 210 Belmont Ave is a four-unit property offering a unique combination of long-term tenancy and flexible mid-term rental potential. The property is currently operated with two long-term rental units along with two spacious 2-bedroom, 2-bathroom units being utilized for mid-term rentals. Each bedroom in the 2-bedroom units features its own private exterior entrance, providing additional flexibility in how the spaces may be used and rented. The current rental configuration generates approximately $10k plus per month in scheduled gross rental income. A major highlight is the property's parking capacity, with five tandem parking areas accommodating approximately 11 vehicles—an attractive feature for a multifamily property in Los Angeles. Investors have the opportunity to continue the property's current rental strategy or explore alternative configurations and rental options. The two 2-bedroom units may also be utilized in their original configuration, providing additional flexibility for future ownership. Conveniently located near Downtown Los Angeles with access to major employment centers, dining, entertainment, and transportation. A compelling opportunity for investors seeking existing income, multiple rental configurations, and long-term potential in the Los Angeles multifamily market. Buyer to independently verify all property information, rental income, permits, unit configuration, rental use, and applicable local regulations.

Additional Information

Zoning
LARD1.5
Flooring
Laminate
Appliances
Dishwasher, Gas Range, Microwave
Heating
Ductless
Air Conditioning
Yes
Stories
Two Levels
Levels
Two
Pool Type
None

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.